title, im paid by the hour so im wondering if its calculable the amount of time id need to be clocked in n not work to match the surplus value extracted from me

or am i stupid n misunderstanding surplus value

  • Awoo [she/her]@hexbear.net
    link
    fedilink
    English
    arrow-up
    12
    ·
    edit-2
    1 day ago

    Company turnover divided by total employees is basically the amount you and others at the company are collectively producing. Working out what it is at the individual level is not very easy or practical.

    Figuring out exactly what the “surplus value” can be complicated. The company is using some of your value to expand and generate growth. That makes it not as simple as calculating profit.

    A market approach to the problem would be looking at stock value at the beginning of the fiscal year vs the end of the fiscal year. The amount the stock value went up is the growth of that year and could be considered the surplus value of that year. It’s the amount the shareholders made in value at the very least. Dividing that by total employees could be viewed as the collective surplus value. You would need to include dividends in this figure too. Not totally reliable either because the market is not rational.

      • Johnny_Arson [they/them]@hexbear.net
        link
        fedilink
        English
        arrow-up
        6
        ·
        edit-2
        1 day ago

        your boss hasn’t tricked people into buying mud pies

        This, unfortunately, is my job. I saw some presentation for one of our new products (can’t say which ofc) but the presentation included how we should focus sales on x because high profile influencers like Joe Rogan were promoting it and so it’s in a viral boom phase. I hate it so much, but I do genuinely like the people I work with and have good rapport with my clients, but there is certainly times where I just feel like I am selling snake oil.

        I had someone asking for something to help with a certain ailment, to which I broke and had to just tell them “Sounds like your customer actually urgently needs anti-biotics and that is a life threatening affliction, we are not doctors and they need to go to urgent care yesterday”.

      • Awoo [she/her]@hexbear.net
        link
        fedilink
        English
        arrow-up
        4
        ·
        edit-2
        1 day ago

        Yeah that’s the “not rational” part. Still though, shareholder value increase is the capital accumulation. It’s the strongest value to use for this even though it’s obviously messy and not rational. The capitalist system is not rational. Calculating within 1 year is less reliable than calculating within 10, which is more of a longterm investor timeline. Even if a bubble lasts 10 years it’s still the value that the investors have extracted from the work of the employees. It’s not a rational value, but it’s still the value the employees have produced for the company owners in an entirely irrational system.